CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 98 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 98
Topic #: 1

[All CIMAPRA17-BA1-1 Questions]

Which THREE of the following are objectives of corporate governance?

ATo ensure that managers have attractive compensation packages

BTo implement clear career progression routes for employees

CTo ensure that customers' needs are addressed

DTo ensure that a company is run in a legal and ethical manner

ETo implement incentives for managers to pursue long term financial sustainability

FTo increase transparency in company reporting

Show Suggested Answer

Suggested Answer: D, E, F

by Shawnda at Sep 13, 2024, 03:04 PM

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Moira

2 months ago

D, E, and F are the obvious choices here. Although, I do have to chuckle at the idea of giving managers 'attractive' compensation packages. Isn't that just part of the problem sometimes?

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Filiberto

2 months ago

I'm going to have to go with D, E, and F. Ethical and transparent operations are crucial for any well-run company.

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Martin

22 days ago

Transparency in reporting can help build trust with stakeholders.

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Owen

1 months ago

Definitely, long term financial sustainability is important for the company's success.

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Lura

1 months ago

I agree, ethics and transparency are key in corporate governance.

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Naomi

2 months ago

D, E, and F for sure. Attracting top talent with compensation packages (A) is important, but not the main goal of corporate governance.

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Elbert

1 months ago

F) To increase transparency in company reporting

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Salena

1 months ago

D) To ensure that a company is run in a legal and ethical manner

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Barbra

2 months ago

A) To ensure that managers have attractive compensation packages

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Celeste

2 months ago

Hmm, I'm going with D, E, and F as well. Can't forget about transparency in reporting - that's key for good corporate governance.

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Candida

1 months ago

It's great that we both picked D, E, and F as the objectives of corporate governance.

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Phil

2 months ago

Incentives for managers to pursue long term financial sustainability is key for the company's success.

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Glen

2 months ago

Definitely, ensuring the company is run in a legal and ethical manner is also important.

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Lynda

2 months ago

I agree, transparency is crucial for good corporate governance.

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Eun

2 months ago

I agree with Florinda. Another objective could be E) To implement incentives for managers to pursue long term financial sustainability.

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Elena

2 months ago

I think F) To increase transparency in company reporting is also an important objective of corporate governance.

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Florinda

2 months ago

I think objectives of corporate governance include D) To ensure that a company is run in a legal and ethical manner.

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Marci

2 months ago

D, E, and F seem like the clear objectives to me. Gotta make sure the company is ethical and sustainable!

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Weldon

2 months ago

Having incentives for long term financial sustainability can drive positive outcomes for the company.

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Sanjuana

2 months ago

Transparency is also important for building trust with stakeholders.

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Wenona

2 months ago

I agree, ethics and sustainability are key in corporate governance.

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